Wellington Group of Companies Acquires Contract Express

Nippon Express Holdings to Acquire Metro Supply Chain Group

April 24, 2026

Transportation

Nippon Express Holdings, Inc. (NX Group) has entered an agreement to acquire 100% of Metro Supply Chain Group Inc., a third-party logistics provider based in Montreal. The deal is valued at CAD 1.8 billion on an enterprise value basis, with potential earn-out payments of up to CAD 400 million tied to performance targets.

Nippon Express Holdings Acquires Metro Supply Chain Group for Up to CAD 2.2B

April 17, 2026

Transportation

Nippon Express Holdings (NX Group) agreed to acquire all shares of Metro Supply Chain Group Inc., a Montreal-headquartered third-party logistics (3PL) provider, in a deal valued at CAD 1.8 billion enterprise value plus potential earnout payments up to CAD 400 million. The transaction is expected to close in the coming months, subject to regulatory approvals. NX Group expects the acquisition to expand its North American footprint and enhance end-to-end logistics capabilities while Metro keeps its Montreal HQ and management team.

Gardewine Group Acquires Westman Courier & Freight

September 25, 2024

Logistics & Distribution

Gardewine Group Limited Partnership has entered into a definitive share purchase agreement to acquire Westman Courier & Freight, a Winnipeg-based regional courier and trucking operator. The deal, expected to close October 1, 2024, expands Gardewine's service network across Manitoba and into northwestern Ontario and gives Westman customers access to Gardewine's broader transportation, logistics and terminal network.

BWT Logistics Acquires International Express Trucking

December 19, 2023

Transportation

BWT Logistics, a Bluejay Capital portfolio company, has acquired International Express Trucking (IET), a regional 3PL in North Carolina. The add-on expands BWT’s contract logistics and warehousing footprint in the state; IET’s president Howard Shope will join BWT as Senior Vice President of Operations and retain a meaningful ownership stake. Bluejay Capital financed the transaction with participation from Argosy Private Equity, Southfield Mezzanine, Spring Capital Partners and KeyBank; terms were not disclosed.

Package Express Acquires Guaranteed Express and Central Delivery Systems

March 23, 2023

Logistics & Distribution

Package Express, LLC acquired Dallas-based Guaranteed Express, Inc. and Houston-based Central Delivery Systems, LLC and will combine the businesses under the Package Express brand. The transactions expand Package Express’s expedited same-day and last-mile delivery footprint across the Texas market and support investment in dispatch technology and automation.

CVC-led Consortium to Combine Worldwide Express and GlobalTranz

June 11, 2021

Transportation

CVC Capital Partners is leading a consortium (including Providence Equity Partners and PSG) to acquire Worldwide Express and combine it with GlobalTranz, creating a larger technology-driven third-party logistics platform. Ridgemont Equity Partners and management will retain significant stakes in the combined business; the transaction was announced in June 2021 and expected to close in Q3 2021.